RSSAll Entries Tagged With: "jobs"

Goldman Sachs To Shed 3,000 Jobs

Goldman Sachs is to shed 3,260 jobs worldwide – about 10% of its workforce.
A spokesman for the company could not say where the cuts would be made.
The axe would fall “throughout the New York-based company,” the Wall Street Journal reported
In September, tycoon Warren Buffett’s Berkshire Hathaway agreed to buy $5bn of stock in the Wall [...]

Nick | Oct 23, 2008 | Comments 1
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Apple sells 6.9 million iPhones in Q4 of 2008

Hot off of Apple’s Q4 earnings call comes a bit of iPhone news: Alongside 2.6 million Macs and 11 million iPods, Apple managed to sell 6,892,000 iPhones in the fourth fiscal quarter of 2008. In contrast, they sold just 1,119,000 iPhones in fiscal Q4 of 2007.
Feeling a bit spunky, Jobs’ mentioned that they’ve outsold some [...]

Nick | Oct 22, 2008 | Comments 0
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The Short List for U.S. Chief Technology Officer

Barack Obama has pledged to name a cabinet-level CTO to oversee a job-creating national broadband buildout if he’s elected. Big names abound
Barack Obama says that the U.S. is not doing nearly enough to create jobs through technology. Shortly after he launched his campaign, the Illinois Senator promised that if elected, he would create the [...]

Nick | Oct 20, 2008 | Comments 2
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GMAC Tightens the Auto-Finance Screws

In a letter to GM car dealers, the financing arm says only those shoppers with credit scores above 700 will be approved for loans
The Federal Reserve and U.S. Treasury may be moving to buttress America’s banks and keep the loans flowing. But General Motors Acceptance Corp., the finance company that is 51%-owned by Cerberus [...]

Nick | Oct 14, 2008 | Comments 0
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Obama Urges Bailout Bill’s Passage

RENO, Nevada (Reuters) – Presidential candidate Barack Obama urged lawmakers on Tuesday to return to the negotiating table to work on a financial rescue deal and offered a new proposal he said could help attract support.

Nick | Sep 30, 2008 | Comments 4
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Apple’s Clever iTunes 8

by Matt Vella
It’s been more than seven years since Apple (AAPL) Chief Executive Steve Jobs bounded onto the stage at the annual MacWorld conference in San Francisco and took the wraps off the first version of iTunes. And oh, what a difference (nearly) a decade makes: The desktop jukebox has evolved from a simple, no-frills [...]

Nick | Sep 23, 2008 | Comments 1
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